When determining the value of a Honda Odyssey ATV, there's no single rule that applies universally. The ultimate deciding factor is what a buyer is willing to pay and what a seller is willing to accept. Prices can vary greatly by region due to differences in supply and demand. Some areas have a steady supply of Odysseys and Pilots, while in others, these machines are rare finds.
Factors Influencing Market Value
Condition of the Machine
As these machines approach 40 years of age, their condition becomes a critical factor in valuation.
- Indoor-Stored Machines: A bone-stock Odyssey in near-perfect condition, especially if stored indoors, is highly valuable to collectors. The preservation from indoor storage can significantly increase its worth, even if similar machines are operational.
- Outdoor-Stored Machines: Many Odysseys were unfortunately left outdoors under tarps that deteriorated over time. Exposure to the elements leads to rust and wear, making these machines less valuable and parts harder to find.
Note: The exact number of Odysseys built and sold in the U.S. is uncertain, with estimates ranging from 15,000 to 30,000. Accurate production numbers would be appreciated if available.
Parts Availability
- Scarcity of OEM Parts: The supply of new original equipment manufacturer (OEM) parts has nearly dried up.
- Alternative Sources: Most parts come from:
- Other machines being parted out.
- Reproductions of stock parts.
- New aftermarket parts or modifications.
Building a completely OEM stock Odyssey is possible but can be extremely expensive and time-consuming due to the scarcity of parts.
Upgrades and Modifications
Upgrades can significantly impact the value of an Odyssey.
- Common Upgrades:
- Upgraded Shocks
- Aftermarket Fenders
- Water-Cooled Cylinder Heads
- Engine Conversions (e.g., swapping in a Rotax engine)
- Evaluating Upgrades:
- Quality and Condition: High-quality, well-maintained upgrades add more value.
- Workmanship: The quality of installation, especially for engine swaps, affects value. Professional work is more valuable than poorly executed modifications.
Approximate Upgrade Costs
When owning an FL350R, the following are typical costs for popular upgrades:
- Aftermarket Fenders: $1,000
- Water-Cooled Cylinder Head: $1,000
- Worx Shocks: $1,500
- Seat Upgrade: $500
- Aftermarket Aluminum Fuel Tank: $800
- Front Long Travel Suspension: $1,500
- Rear Long Travel Suspension: $1,500
- Rotax (or other) Engine Swap: $1,000 - $2,500
- Quality Rattle Can Paint Job: $500
- Complete Sandblast & Powder Coat Paint Job: $500 - $1,000
Pricing Guidelines for Buying or Selling
Depreciation of Upgrades
- 50% Rule: When buying or selling a machine with upgrades, consider a 50% discount on the "new price" of the upgrades.
- This accounts for depreciation due to wear and tear.
- The machine's base price plus half the cost of upgrades provides a reasonable estimate.
Value Estimates (2022)
Machine Only (No Upgrades)
- FL350R Barn Find in Near-Perfect Condition: $3,500 - $5,000+
- FL350R Outdoor Tarp Find, Decent & Running: $2,000 - $3,500
- FL350R Rusty Survivor, Not Running & Missing Parts: $500 - $2,000
Example Valuations
Example 1: Rusty Barn Find with Some Upgrades
- Base Machine: Outdoor tarp find, no fenders, weathered but runs: $2,500
- Worx Shocks (Fair Condition, may need rebuild): +$500
- Upgraded Water-Cooled Cylinder Head: +$500
Estimated Value: $3,500
Example 2: Barn Find with Extensive Upgrades
- Base Machine: Barn find with good paint job & excellent fenders: $4,500
- Worx Shocks (Excellent Condition): +$750
- Water-Cooled Cylinder Head: +$750
- Upgraded Seat (Excellent Condition): +$150
- Long Travel Front Suspension: +$750
Estimated Value: $6,900
Conclusion
Assessing the value of a Honda Odyssey ATV involves multiple factors, including the machine's condition, parts availability, and any upgrades or modifications. These guidelines provide a starting point for determining a fair market value, but actual prices may vary based on local market conditions and individual circumstances.
If you're in the market to buy or sell, consider these factors carefully and adjust your expectations accordingly. Connecting with local enthusiasts or experts can also provide valuable insights specific to your region.
